The SEC filings page for Crane Harbor Acquisition Corp. (CHAC) provides access to the company’s regulatory disclosures as a Nasdaq-listed blank check company and SPAC. These documents explain its structure, trust account, shareholder rights, and the terms of its proposed business combination with Xanadu Quantum Technologies Inc. and Xanadu Quantum Technologies Limited (NewCo).
Key filings include Current Reports on Form 8-K that describe material events such as the signing of the Business Combination Agreement, the structure of the plan of arrangement under Ontario law, and the confidential submission of a draft registration statement on Form F-4 by NewCo. These 8-Ks summarize how Crane Harbor’s Class A ordinary shares, Class B ordinary shares, and share rights are expected to be exchanged for NewCo securities at the arrangement effective time, and outline conditions to closing and potential termination rights.
Investors can also review disclosures about the PIPE financing entered into by NewCo, including subscription agreements with institutional and other accredited investors, and the role of Crane Harbor’s sponsor and affiliates. The filings discuss shareholder redemption mechanics, minimum aggregate transaction proceeds, governance arrangements for NewCo’s initial board of directors, and requirements for listing NewCo’s subordinate voting shares on the Nasdaq Stock Market and the Toronto Stock Exchange.
On Stock Titan, these filings are supplemented with AI-powered summaries that highlight the most important sections of lengthy documents, such as risk factor discussions, descriptions of the business combination steps, and key financial and structural terms. Users can quickly understand what each Form 8-K, registration statement reference, or related disclosure means for CHAC and its proposed transaction, while still having direct access to the full text as filed with the SEC.
Xanadu Quantum Technologies Inc. announced it was awarded a $2,027,507 grant from the U.S. Department of Energy’s ARPA-E QC3 program to develop a quantum simulation platform aimed at accelerating next-generation battery materials research.
The three-year project, led by Xanadu with the University of Chicago, targets algorithms for X-ray absorption spectroscopy and reaction rates to study defect formation in battery materials, with an ambitious goal of a 100x runtime reduction versus state-of-the-art classical simulations. The release also reiterates Xanadu’s planned business combination with Crane Harbor Acquisition Corp., which contemplates approximately $500 million of gross proceeds to capitalize the combined company.
Xanadu Quantum Technologies Limited and Crane Harbor Acquisition Corp. disclosed a proposed business combination to create a publicly listed company expected to be capitalized with approximately $500 million in gross proceeds. The financing is described as $225 million from Crane Harbor’s trust account (assuming no redemptions) and $275 million from strategic and institutional investors via a committed private placement.
The joint filing on Form F-4 was declared effective by the SEC on February 27, 2026, and Crane Harbor shareholders will vote at a special meeting scheduled for March 19, 2026. The combined company is expected to list on the Nasdaq and the Toronto Stock Exchange.
Xanadu Quantum Technologies Limited presented details of a proposed business combination with Crane Harbor Acquisition Corp. and an associated $275M committed PIPE plus Crane Harbor cash, which together are expected to leave the Combined Company with roughly $455M net cash at closing, subject to customary closing conditions.
The presentation described Xanadu’s photonic quantum hardware and PennyLane software, technical milestones (Aurora modular system, published Nature papers), strategic partners, a post-closing pro forma enterprise value of approximately $3.1B, and governance and lockup arrangements for existing holders and the SPAC sponsor.
Xanadu Quantum Technologies Limited is hosting an Analyst Day on March 4, 2026 to outline its strategic roadmap and capital priorities in advance of the proposed business combination with Crane Harbor Acquisition Corp.
The combined company (NewCo) is expected to trade as XNDU on the Nasdaq and Toronto Stock Exchange following closing, which the filing states is expected to occur in the first quarter of 2026 and is subject to stockholder and stock exchange approvals. The transaction is expected to provide approximately US$500 million in gross proceeds, comprising about US$225 million from Crane Harbor’s trust account (as of September 30, 2025) and US$275 million from committed private placement investors. The Registration Statement on Form F-4 was declared effective by the SEC on February 27, 2026, and a proxy statement/prospectus has been distributed for the March 19, 2026 shareholder vote.
Crane Harbor Acquisition Corp. filed a current report stating it has made available to holders of its Class A ordinary shares a PFIC Annual Statement for fiscal year 2025. The company explains it may be treated as a passive foreign investment company for U.S. tax purposes and provides data to support a Qualified Electing Fund election.
The statement shows ordinary earnings of $0.0011219650 per share and no net capital gains, cash distributions, or property distributions for 2025. Shareholders are reminded that any QEF election is optional, must be made individually on IRS Form 8621, and may not be recognized for state tax purposes.
Xanadu Quantum Technologies Limited is completing a de-SPAC arrangement whereby newly formed NewCo will acquire Xanadu and Crane Harbor and list subordinate voting shares on the Nasdaq and the TSX. NewCo is expected to be capitalized with approximately US$500 million in gross proceeds, comprising US$225 million from Crane Harbor’s trust account and US$275 million from committed private placement investors, assuming no redemptions. Employees were provided an equity FAQ noting an administrative cap-table freeze and that the last day to exercise vested options prior to going public is March 16, 2026 at 5pm EST.
Xanadu Quantum Technologies and Crane Harbor announced the SEC has declared effective their joint Form F-4 registration statement. The companies will submit the proposed business combination to shareholders at a special meeting on March 19, 2026, with closing expected in Q1 2026, subject to customary closing conditions and stock exchange approvals for listings on the Toronto Stock Exchange and the Nasdaq Stock Market.
The transaction is expected to provide approximately US$500 million in gross proceeds assuming no redemptions, comprising about US$225 million from Crane Harbor’s trust account and US$275 million from committed private placement investors.
Crane Harbor Acquisition Corp. is asking shareholders to approve a business combination with Xanadu Quantum Technologies via a plan of arrangement that includes SPAC continuance from the Cayman Islands to Ontario and the issuance of NewCo multiple voting and subordinate voting shares, subject to court and shareholder approvals.
The proxy/prospectus includes a prospectus for 515,387,046 NewCo Class A Multiple Voting Shares and 79,747,482 NewCo Class B Subordinate Voting Shares, describes a PIPE at $10.00 per share, and discloses Sponsor economic interests including 7,333,333 Founder Shares purchased for approximately $25,000 and potential working capital loans up to $2,500,000.
Xanadu Quantum Technologies Limited is pursuing a proposed business combination with Crane Harbor Acquisition Corp. that values the company at $3 billion pre-money and ~$3.1 billion pro forma, with an expected ~$3.6 billion market cap. The transaction is anticipated to raise $500 million in gross proceeds ($225 million from the SPAC trust and a $275 million PIPE). The parties say the merger remains pending, a Form F-4 registration statement will be filed, and the combined company will solicit Crane Harbor shareholder votes in connection with the proposed transaction.
The discussion highlights Xanadu’s photonic hardware, its Penny Lane software (used at over 150 universities and across multiple platforms), strategic partners including AMD, and management’s intent to use public capital to scale hardware, commercialize software, hire talent, and build a quantum data center starting in Toronto.
Xanadu Quantum Technologies Limited issued a press release announcing a collaborative pre-print with Mitsubishi Chemical describing novel quantum simulation algorithms for modeling radiation-induced blurring in EUV lithography. The paper targets execution on early fault-tolerant quantum computers and reports algorithms aiming to run with fewer than 500 qubits.
The release also discloses a proposed business combination with Crane Harbor Acquisition Corp. that is expected to capitalize the combined company with approximately $500 million in gross proceeds, comprising about $225 million from Crane Harbor’s trust account and $275 million from committed private placement investors, assuming no redemptions. The combined company is expected to seek listing on Nasdaq and the Toronto Stock Exchange.
Xanadu Quantum Technologies Limited issued a press release announcing a collaborative pre-print with Mitsubishi Chemical describing novel quantum simulation algorithms for modeling radiation-induced blurring in EUV lithography. The paper targets execution on early fault-tolerant quantum computers and reports algorithms aiming to run with fewer than 500 qubits.
The release also discloses a proposed business combination with Crane Harbor Acquisition Corp. that is expected to capitalize the combined company with approximately $500 million in gross proceeds, comprising about $225 million from Crane Harbor’s trust account and $275 million from committed private placement investors, assuming no redemptions. The combined company is expected to seek listing on Nasdaq and the Toronto Stock Exchange.